310 Commerce Square

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310 Commerce Square

Michigan City, IN 46360
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase in Michigan City Indiana
  • Facility spans a total area of 3,024 square feet
  • Located within the established Commerce Square commercial development
  • Strategically positioned near the Chicago metropolitan area transit routes
  • Versatile floor plan suitable for diverse retail business models

What's Special

Michigan City serves as a vital gateway between the Chicago metropolitan area and the scenic Indiana Dunes region. This retail storefront, situated at 310 Commerce Square, provides a strategic position for businesses looking to capitalize on the steady regional traffic flows and the local economy. The surrounding area maintains a balance of residential neighborhoods and commercial activity, drawing from a consistent customer base throughout the year. The 3,024-square-foot facility is designed to support various retail operations, ranging from specialty boutiques to service-oriented storefront businesses. Its footprint allows for flexible interior layouts, catering to tenants who require a functional, accessible space in a recognized commercial node. The property stands as a practical acquisition for investors or owner-users aiming to establish a foothold in a growing market within the northern Indiana corridor.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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